Home / Gaming / Tilting Point acquires FTX Games and Plamee Studios’ assets

Tilting Point acquires FTX Games and Plamee Studios’ assets


Tilting Point acquires FTX Games and Plamee Studios’ assets – TechCrunch

Game publisher Tilting Point announced today that it has made its third acquisition in eight months, buying games, key employees and “most of the assets” from FTX Games and Plamee Studios — both previously owned by Playtech, which will be focusing on its gaming and sports betting software moving forward.

Plamee previously developed Narcos: Cartel Wars, which has supposedly made $60 million in revenue since launch. FTX published Cartel Wars, as well as The Walking Dead: Free Casino Slots and Criminal Minds: The Mobile Game. Tilting Point has taken over operations for all three FTX titles, as well as a fourth that’s currently in development.

The financial terms of the acquisition were not disclosed.

Last fall, Tilting Point acquired Gondola, a startup that optimizes in-game offers and ads. Then it purchased the mobile game Star Trek Timelines earlier this year, hiring the development team to form a new gaming studio called Wicked Realm Games in the process.

CEO Kevin Segalla said he’s always seen acquisitions as a big part of the company’s “progressive publishing” model, in which the company is first hired to help developers with user acquisition and then develops a deeper business relationship over time.

“We were built to ultimately be in a position where we could acquire some of the studios that we’re working with,” Segalla said.

He added that he expects “more acquisitions down the pike for sure,” with Tilting Point particularly interested in acquiring games that have previously been “constrained in marketing spend” and “clearly are going to have longer legs.”

It sounds like studios acquired by Tilting Point continue to operate with a degree of independence while drawing on the larger company’s resources to grow and monetize their games.

“We truly value the developers’ independence,” Segalla said. “We specifically want to work to continue operating their business and help them accelerate their growth. A lot of development studios are recognizing that scale is becoming more and more important.”

ntn”,”protected”:false},”excerpt”:”rendered”:”

Contrary to popular belief, there is no one-size-fits-all approach to success in Silicon Valley. Beyond raising traditional venture capital and beyond the pursuing-growth-at-all-costs strategy, there are people in the startup ecosystem that are finding success through less mainstream avenues. At TechCrunch Disrupt on September 14-18, I’ll be chatting with Conductor CEO Seth Besmertnik, Driver’s Seat […]n”,”protected”:false,”author”:9528656,”featured_media”:2018423,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”carmot_uuid”:”70acca88-7c08-3d6a-b6c1-0b112e5ac80d”,”categories”:[426985170,17396],”tags”:[576608386,576786911,125162691,449557042],”crunchbase_tag”:[576768706],”tc_stories_tax”:[],”tc_event”:[576703170],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg”,”shortlink”:”https://tcrn.ch/2ZCxkmR”,”rapidData”:”pt”:””,”pct”:””,”featured”:false,”subtitle”:””,”fundingRound”:false,”seoTitle”:””,”seoDescription”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”tc_cb_mapping”:[“slug”:”aniyia-williams”,”cb_name”:”Aniyia Williams”,”cb_slug”:”aniyia-williams-person”,”cb_link”:”https://crunchbase.com/person/aniyia-williams”,”slug”:”seth-besmertnik”,”cb_name”:”Seth Besmertnik”,”cb_slug”:”seth-besmertnik-person”,”cb_link”:”https://crunchbase.com/person/seth-besmertnik”,”slug”:”hays-witt”,”cb_name”:”Hays Witt”,”cb_slug”:”hays-witt-person”,”cb_link”:”https://crunchbase.com/person/hays-witt”],”associatedEvent”:”ad”:”display”:true,”title”:”Experience a whole new digital Disrupt with the Digital Pro Pass”,”override_link”:”https://techcrunch.com/events/disrupt-sf-2020/tickets?utm_medium=articlepromo&utm_campaign=disruptsf2020&utm_content=&utm_source=tc&promo=articlepromo&display=”,”date”:1600041600,”link”:”https://techcrunch.com/events/disrupt-sf-2020/”,”status”:”pre”,”title”:”Disrupt 2020″,”termID”:576703170,”event”:1888488,”authors”:[9528656],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/1991673″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=1991673″],”version-history”:[“count”:0,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/1991673/revisions”],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/9528656″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=1991673&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/9528656″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/2018423″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=1991673″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=1991673″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=1991673″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=1991673″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=1991673″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=1991673″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:9528656,”name”:”Megan Rose Dickey”,”url”:””,”description”:”Megan Rose Dickey is a senior reporter at TechCrunch focused on labor, transportation, and diversity and inclusion in tech. rnrnShe previously spent two years at Business Insider covering tech startups focused on the shared economy, IoT and music industry.rnrnShe graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.rnrn- See more at: https://www.crunchbase.com/person/megan-rose-dickey#sthash.ir4VFt2z.dpufrnrnPGP fingerprint for email is:u00a02FA7 6E54 4652 781A B365 BE2E FBD7 9C5F 3DAE 56BD”,”link”:”https://techcrunch.com/author/megan-rose-dickey/”,”slug”:”megan-rose-dickey”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/e64a35398ab7fb3ff0de4f0817dc1c78?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/e64a35398ab7fb3ff0de4f0817dc1c78?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/e64a35398ab7fb3ff0de4f0817dc1c78?s=96&d=identicon&r=g”,”links”:”facebook”:”https://www.facebook.com/meganrosedickey”,”twitter”:”https://twitter.com/meganrosedickey”,”linkedin”:”http://www.linkedin.com/in/meganrosedickey”,”crunchbase”:”https://www.crunchbase.com/person/megan-rose-dickey”,”position”:”Senior Reporter”,”cbDescription”:”

Megan Rose Dickey is a senior reporter at TechCrunch focused on labor, transportation, and diversity and inclusion in tech.nn

She previously spent two years at Business Insider covering tech startups focused on the shared economy, IoT and music industry.nn

She graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.”,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/v1476472700/amx5oywdjjgelykqbmk0.jpg”,”twitter”:”meganrosedickey”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/9528656″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”author”:[“id”:9528656,”name”:”Megan Rose Dickey”,”url”:””,”description”:”Megan Rose Dickey is a senior reporter at TechCrunch focused on labor, transportation, and diversity and inclusion in tech. rnrnShe previously spent two years at Business Insider covering tech startups focused on the shared economy, IoT and music industry.rnrnShe graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.rnrn- See more at: https://www.crunchbase.com/person/megan-rose-dickey#sthash.ir4VFt2z.dpufrnrnPGP fingerprint for email is:u00a02FA7 6E54 4652 781A B365 BE2E FBD7 9C5F 3DAE 56BD”,”link”:”https://techcrunch.com/author/megan-rose-dickey/”,”slug”:”megan-rose-dickey”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/e64a35398ab7fb3ff0de4f0817dc1c78?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/e64a35398ab7fb3ff0de4f0817dc1c78?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/e64a35398ab7fb3ff0de4f0817dc1c78?s=96&d=identicon&r=g”,”links”:”facebook”:”https://www.facebook.com/meganrosedickey”,”twitter”:”https://twitter.com/meganrosedickey”,”linkedin”:”http://www.linkedin.com/in/meganrosedickey”,”crunchbase”:”https://www.crunchbase.com/person/megan-rose-dickey”,”position”:”Senior Reporter”,”cbDescription”:”

Megan Rose Dickey is a senior reporter at TechCrunch focused on labor, transportation, and diversity and inclusion in tech.nn

She previously spent two years at Business Insider covering tech startups focused on the shared economy, IoT and music industry.nn

She graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.”,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/v1476472700/amx5oywdjjgelykqbmk0.jpg”,”twitter”:”meganrosedickey”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/9528656″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”wp:featuredmedia”:[“id”:2018423,”date”:”2020-07-17T07:14:54″,”slug”:”witt-besnertnik-williams-disrupt”,”type”:”attachment”,”link”:”https://techcrunch.com/2020/07/17/learn-how-to-build-a-company-that-puts-profits-and-users-first-and-vcs-last-at-disrupt-sf/witt-besnertnik-williams-disrupt/”,”title”:”rendered”:”Witt-Besnertnik-Williams-disrupt”,”author”:24273062,”license”:”source_key”:”other”,”source”:”Scott Norris Photography / Conductor / Jenn Heflin”,”authors”:[24273062],”caption”:”rendered”:””,”alt_text”:””,”media_type”:”image”,”mime_type”:”image/jpeg”,”media_details”:”width”:2400,”height”:1350,”file”:”2020/07/Witt-Besnertnik-Williams-disrupt.jpg”,”sizes”:”thumbnail”:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=150,84″,”width”:150,”height”:84,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=150″,”medium”:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=300,169″,”width”:300,”height”:169,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=300″,”medium_large”:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=768,432″,”width”:768,”height”:432,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=1024″,”large”:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=680,383″,”width”:680,”height”:383,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=680″,”1536×1536″:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=1536,864″,”width”:1536,”height”:864,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=1536″,”2048×2048″:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=2048,1152″,”width”:2048,”height”:1152,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=2048″,”guest-author-32″:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=32,32″,”width”:32,”height”:32,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=32&h=32&crop=1″,”guest-author-50″:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=50,50″,”width”:50,”height”:50,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=50&h=50&crop=1″,”guest-author-64″:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=64,64″,”width”:64,”height”:64,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=64&h=64&crop=1″,”guest-author-96″:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=96,96″,”width”:96,”height”:96,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=96&h=96&crop=1″,”guest-author-128″:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=128,128″,”width”:128,”height”:128,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=128&h=128&crop=1″,”concierge-thumb”:”file”:”Witt-Besnertnik-Williams-disrupt.jpg?resize=50,28″,”width”:50,”height”:28,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg?w=50″,”full”:”file”:”Witt-Besnertnik-Williams-disrupt.jpg”,”width”:1024,”height”:576,”mime_type”:”image/jpeg”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg”,”image_meta”:”aperture”:”0″,”credit”:””,”camera”:””,”caption”:””,”created_timestamp”:”0″,”copyright”:””,”focal_length”:”0″,”iso”:”0″,”shutter_speed”:”0″,”title”:””,”orientation”:”0″,”keywords”:[],”filesize”:620371,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Witt-Besnertnik-Williams-disrupt.jpg”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media/2018423″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/attachment”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2018423″],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/24273062″]],”wp:term”:[[“id”:426985170,”link”:”https://techcrunch.com/tc-events/”,”name”:”Events”,”slug”:”tc-events”,”taxonomy”:”category”,”parent”:0,”rapidData”:”pt”:””,”pct”:””,”submenu_categories”:[],”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories/426985170″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/category”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?categories=426985170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?categories=426985170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?categories=426985170″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:17396,”link”:”https://techcrunch.com/tc/”,”name”:”TC”,”slug”:”tc”,”taxonomy”:”category”,”parent”:0,”rapidData”:”pt”:””,”pct”:””,”submenu_categories”:[],”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories/17396″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/category”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?categories=17396″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?categories=17396″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?categories=17396″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]],[“id”:576608386,”link”:”https://techcrunch.com/tag/aniyia-williams/”,”name”:”Aniyia Williams”,”slug”:”aniyia-williams”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/576608386″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=576608386″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=576608386″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=576608386″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=576608386″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:576786911,”link”:”https://techcrunch.com/tag/hays-witt/”,”name”:”Hays Witt”,”slug”:”hays-witt”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/576786911″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=576786911″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=576786911″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=576786911″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=576786911″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:125162691,”link”:”https://techcrunch.com/tag/seth-besmertnik/”,”name”:”seth besmertnik”,”slug”:”seth-besmertnik”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/125162691″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=125162691″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=125162691″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=125162691″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=125162691″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:449557042,”link”:”https://techcrunch.com/tag/startups/”,”name”:”Startups”,”slug”:”startups”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/449557042″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=449557042″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=449557042″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=449557042″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=449557042″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]],[“id”:576768706,”link”:”https://techcrunch.com/?taxonomy=_tc_cb_tag_taxonomy&term=hays-witt-person”,”name”:”hays-witt-person”,”slug”:”hays-witt-person”,”taxonomy”:”_tc_cb_tag_taxonomy”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag/576768706″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/_tc_cb_tag_taxonomy”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?crunchbase_tag=576768706″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]],[],[“id”:576703170,”link”:”https://techcrunch.com/event-type/disrupt/disrupt-sf-2020/”,”name”:”Disrupt 2020″,”slug”:”disrupt-sf-2020″,”taxonomy”:”tc_event”,”rapidData”:”pt”:””,”pct”:””,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/576703170″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/tc_event”],”up”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/579419″],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tc_event=576703170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_events?tc_event=576703170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tc_event=576703170″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]]]}},{“id”:2018140,”date”:”2020-07-17T07:54:30″,”date_gmt”:”2020-07-17T14:54:30″,”guid”:”rendered”:”https://techcrunch.com/?p=2018140″,”modified”:”2020-07-17T07:54:30″,”modified_gmt”:”2020-07-17T14:54:30″,”slug”:”an-unsurprising-wave-of-video-focused-startups-is-trying-to-make-video-calls-better”,”status”:”publish”,”type”:”post”,”link”:”https://techcrunch.com/2020/07/17/an-unsurprising-wave-of-video-focused-startups-is-trying-to-make-video-calls-better/”,”title”:”rendered”:”An unsurprising wave of video-focused startups is trying to make video calls better”,”content”:{“rendered”:”

As Zoom and Microsoft and Google hammer it out for video-chat hegemony, startups are developing apps and services that either add on or compete with the major players.n

There hasn’t been enough activity — yet — to call it a boom, but there’s enough going on to warrant our attention. Call it a boomlet, if you will, of startups looking to ride the wave of demand that video-conferencing has seen during the COVID-19 pandemic.n


n

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, or receive it for free in your inbox. Sign up for The Exchange newsletter, which drops Saturdays starting July 25.n


n

The big players are not sitting still. Zoom has spent lots of 2020 on platform security after a surge in popularity exposed some frayed ends. Google has been working to make Meet, its own video-chat service, better and easier to find. And Microsoft has been hammering Teams’s abilities into stronger form as it uses the same product to fend off both Slack and Zoom, which is a tall order.n

""Other giants are getting into the mix. Reliance Jio, the Indian telecom subsidiary of megacorp Reliance, recently launched JioMeet, which has turned heads for looking rather similar to Zoom. It also quickly raced to millions of downloads. (That Google just put billions into JioMeet’s parent is an odd twist in the video-chatting wars; Google has effectively helped fund a competitor in the country, it appears.)n

TechCrunch’s parent company, Verizon, recently bought BlueJeans, giving the American telecom company its own video chatting service. (It’s also eyeing the Indian market.)n

But that’s only part of the action. More recently we’ve seen interesting rounds for video-chat software startups Macrou00a0and Mmhmm. And we’ve seen money go into companies like Daily.co, which want to let any company bake video-chatting capabilities into their service. And Y Combinator-backed Sidekick has been in the press lately, after building a hardware solution in mind for today’s remote workers who need video comms.n

An upstart boomlet, then, amid a war of the majors. But should we have expected anything less from the huge wave of demand that COVID-19 kicked off? Zoom was growing quickly before the pandemic. Now the public company and a host of rivals, big and small, all want a larger slice of an expanding pie.n

Video-conferencing startupsn

The two most interesting recent venture rounds for video-conferencing startups are those belonging to Mmhmm and Macro.



Source link

About admin

Check Also

PlayVS is halfway to recruiting every state into its global esports community

nn”,”protected”:false},”excerpt”:”rendered”:” Some of the biggest names in online gaming in the United States have received ...

Leave a Reply

Your email address will not be published. Required fields are marked *